Ethereum exchange-traded funds (ETFs) experienced a remarkable influx of over $1 billion in a single day. This surge was driven primarily by prominent players like BlackRock and Fidelity, which led the way with substantial investments totaling nearly $640 million and $277 million respectively. This record-breaking inflow reflects growing institutional interest in Ethereum, a key factor driving price growth towards a new all-time high of near $4,800. 9 ETFs across US markets saw this unprecedented flow. The influx not only impacted ETH prices but also positively influenced the broader crypto market by fueling demand for DeFi protocols and benefiting secondary market movements. This recent event echoes Bitcoin’s historic spot ETF approval that similarly triggered institutional interest, further highlighting a sector-wide trend of rising ETH demand. This capital infusion indicates a significant shift in corporate strategies, with companies actively acquiring ETH at twice the rate of BTC as per Standard Chartered Bank research. The impact of this move on long-term Ethereum adoption is likely to be considerable.